Peregrine Capital Management LLC Has $16.19 Million Stock Position in Advanced Energy Industries, Inc. $AEIS

Peregrine Capital Management LLC reduced its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 9.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 77,323 shares of the electronics maker’s stock after selling 8,336 shares during the quarter. Peregrine Capital Management LLC’s holdings in Advanced Energy Industries were worth $16,189,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. B. Metzler seel. Sohn & Co. AG bought a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $2,607,000. M&T Bank Corp boosted its position in shares of Advanced Energy Industries by 266.0% in the 4th quarter. M&T Bank Corp now owns 28,104 shares of the electronics maker’s stock worth $5,884,000 after purchasing an additional 20,425 shares during the last quarter. Krilogy Financial LLC acquired a new stake in shares of Advanced Energy Industries during the fourth quarter worth $174,000. Bayforest Capital Ltd bought a new stake in Advanced Energy Industries in the fourth quarter valued at about $29,000. Finally, Merit Financial Group LLC acquired a new position in Advanced Energy Industries in the fourth quarter valued at about $1,788,000. Institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS traded up $8.04 during midday trading on Thursday, hitting $385.23. 16,003 shares of the stock were exchanged, compared to its average volume of 701,224. The business’s 50-day moving average price is $334.46 and its 200 day moving average price is $260.15. Advanced Energy Industries, Inc. has a 12 month low of $92.83 and a 12 month high of $397.44. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 100.84, a P/E/G ratio of 2.82 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Tuesday, February 10th. The electronics maker reported $1.94 EPS for the quarter, topping the consensus estimate of $1.76 by $0.18. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The business had revenue of $489.40 million for the quarter, compared to the consensus estimate of $473.12 million. During the same period last year, the company earned $1.30 EPS. The firm’s revenue was up 17.8% compared to the same quarter last year. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, sell-side analysts expect that Advanced Energy Industries, Inc. will post 7.05 EPS for the current year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Monday, February 23rd were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, February 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 10.47%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AEIS. Citigroup increased their price target on shares of Advanced Energy Industries from $330.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Bank of America lifted their target price on Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. KeyCorp raised their price target on shares of Advanced Energy Industries from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Zacks Research cut shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 9th. Finally, Susquehanna lifted their price target on shares of Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a report on Wednesday, February 11th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $322.50.

Insider Activity

In other news, CEO Stephen Douglas Kelley sold 50,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $316.62, for a total value of $15,831,000.00. Following the completion of the sale, the chief executive officer owned 80,376 shares of the company’s stock, valued at approximately $25,448,649.12. This represents a 38.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Brian Shirley sold 1,234 shares of Advanced Energy Industries stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $310.19, for a total value of $382,774.46. Following the completion of the transaction, the director directly owned 5,584 shares in the company, valued at approximately $1,732,100.96. This represents a 18.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 58,478 shares of company stock worth $18,567,013. 1.30% of the stock is owned by corporate insiders.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.